Memory module company Transcend Information has reported a net EPS of NT$8.67 (US$0.27) for 2014, up 16.8% on year and hitting the highest level in five years. The company plans to distribute a cash dividend per share of NT$7.80 for 2014.

 

Transcend generated consolidated revenues of NT$27.22 billion in 2014, up 4.2% on year. Sales of Transcend's industrial control and strategic products, such as SSDs, have grown to account for more than 50% of the company's total revenues.

 

Transcend's profitability no longer relies on DRAM and NAND flash chip prices, said company chairman Peter Shu. Sales of Transcend's SSDs, industrial memory modules and accessories through channel distributors have performed well buoying the company's overall profits, Shu indicated.

 

Consumer SSDs, for example, Transcend is shipping around 150,000 units monthly to its channel partners, Shu disclosed.

 

Transcend is also looking to expand its presence in China, Shu said. Revenues generated from China are expected to offset weakness in revenues generated from Europe during 2015, Shu noted.